Casino Industry Insider news bites - 01-06-2009

Jan 6, 2009 5:00 PM
by Ray Poirier | Melco Crown Entertainment Ltd. (MPEL) is now trading on the Nasdaq Global Select Market that has the highest initial standards for listing.

Zacks Investment Research has given a "buy" rating to Scientific Games Corporation (SGMS).

The N.Y. State Racing and Wagering Board has implemented a new rule that requires that all winning pari-mutuel tickets must be cashed within 10 days or the holders of the tickets will be required to fill out forms providing their identity and other information.

Churchill Downs says it has reached an agreement with the horsemen’s organizations regarding the distribution of money in the advance deposit wagering account.

Magna Entertainment Corp. (MECA) said it was pleased with the unexpected large crowd that attended the opening of Gulfstream Park in Florida. The crowd was estimated at 15,000, largest in five years.

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